Seller's Agent in 2025
Kathy McBane
Compass - Denver
(303) 641-8642
1 in this area
106 Total Sales
7027 S Madison Way Centennial, CO 80122
Cherry Knolls Neighborhood
4
Beds
2.5
Baths
2,753
Sq Ft
0.29
Acres
Highlights
- Primary Bedroom Suite
- Vaulted Ceiling
- Granite Countertops
- Sandburg Elementary School Rated A-
- Wood Flooring
- Home Office
About This Home
As of March 2025Meticulously maintained and with tasteful updates by owner of 20+ years. This home sits on an amazing 12,589 sqft lot with lush landscaping within blocks of the elementary school, Cherry Knolls park, Big Dry Creek trail, Highline Canal trail, neighborhood pool and clubhouse. Just a short distance to all the shops, restaurants and Whole Foods located at The Streets of Southglenn. Grand foyer entrance with curved staircase to 2nd floor. Main level features beautiful hardwood floors throughout, a large living area with vaulted ceilings, formal dining room with built-in hutches, a fully reimagined and remodeled kitchen and a family room accented and warmed by a Mendota gas fireplace with stone fireplace and mantel and a large office overlooking the front yard. The kitchen has two breakfast bar seating areas, Kitchenaid appliances, tile backsplash and an induction stove top. Amazing floor plan for entertaining with living/dining/kitchen/family rooms all open to each other and flowing seamlessly into the backyard where you can continue the party under the covered patio or on the extended patio seating area under a canopy of trees. Retaining wall and stone patio walkway with lighting. 2nd floor has 4 bedrooms on 1 level. Primary suite has en-suite 3/4 updated bath and walk in closet. Finished basement with workout/family room. 2 car garage. Other details not to be missed: buried power lines so no unsightly wires, storage shed, raised garden boxes, 1 year old sewer line from house to city main, 8 year old boiler, 3 year old roof with shingle warranty, dual zone for heating, surround sound and transferrable charter membership to swimming pool.
Last Agent to Sell the Property
Compass - Denver Brokerage Email: kathymcbanehomes@gmail.com,303-641-8642 License #001224155 Listed on: 01/14/2025
Co-Listed By
Compass - Denver Brokerage Email: kathymcbanehomes@gmail.com,303-641-8642
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,010
Year Built
- Built in 1966
Lot Details
- 0.29 Acre Lot
- Property is Fully Fenced
- Level Lot
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Bar Fridge
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
- Home Office
- Utility Room
- Home Gym
- Finished Basement
Kitchen
- Oven
- Down Draft Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Eco-Friendly Details
- Smoke Free Home
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Schools
- Sandburg Elementary School
- Newton Middle School
- Arapahoe High School
Utilities
- Evaporated cooling system
- Baseboard Heating
- Water Heater
Community Details
- Cherry Knolls HOA
- Cherry Knolls Subdivision
Listing and Financial Details
- Exclusions: Freestanding Hutch in Dining Room, Bookshelf wall unit in main floor office, basement refrigerator
- Assessor Parcel Number 032145731
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2004
Sold by
Bird John W and Bird Constance H
Bought by
Ratterman David J and Ratterman Michelle A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 1981
Sold by
Conversion Arapco
Bought by
Conversion Arapco
Purchase Details
Closed on
Jul 4, 1776
Bought by
Conversion Arapco
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $385,000 | Fahtco | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,000 | New Conventional | |
| Closed | $90,000 | Credit Line Revolving | |
| Closed | $141,000 | Unknown | |
| Closed | $150,000 | Purchase Money Mortgage | |
| Previous Owner | $85,000 | Credit Line Revolving | |
| Previous Owner | $170,000 | Unknown | |
| Previous Owner | $132,000 | Unknown | |
| Closed | $215,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $995,000 | -2.5% | $361 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $1,020,000 | -2.9% | $371 / Sq Ft |
| 01/14/2025 01/14/25 | For Sale | $1,050,000 | -- | $381 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,010 | $47,001 | -- | -- |
| 2023 | $5,010 | $47,001 | $0 | $0 |
| 2022 | $4,335 | $38,267 | $0 | $0 |
| 2021 | $4,332 | $38,267 | $0 | $0 |
| 2020 | $4,141 | $37,602 | $0 | $0 |
| 2019 | $3,918 | $37,602 | $0 | $0 |
| 2018 | $3,337 | $32,170 | $0 | $0 |
| 2017 | $3,079 | $32,170 | $0 | $0 |
| 2016 | $3,256 | $32,923 | $0 | $0 |
| 2015 | $3,260 | $32,923 | $0 | $0 |
| 2014 | -- | $27,661 | $0 | $0 |
| 2013 | -- | $26,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy McBane
-
Colorado Lifesty Homes
C
Seller Co-Listing Agent in 2025
Colorado Lifesty Homes
Compass - Denver
(303) 536-1786
1 in this area
121 Total Sales
-
S Brothers Real Estate
Buyer's Agent in 2025
S Brothers Real Estate
The Denver 100 LLC
(720) 556-1548
2 in this area
126 Total Sales
Map
Source: REcolorado®
MLS Number: 7996824
APN: 2077-25-1-24-015
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